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9 June 2016 0 Comments
Posted in Opinion

Law Society’s warning over dual dangers

Author headshot image Posted by , Partner

The head of the Law Society has renewed calls for people to make sure they’ve made a will. Jonathan Smithers, the organisation’s president, said it was important that people thought about who they wanted to benefit from their estate and said that putting affairs in order would give individuals and their families peace of mind.

Mr Smithers acknowledged that many adults tended to put off the trip to the solicitors to draft a will, but said any anxieties should be balanced against the risk of never getting round to making an appointment and dying intestate.

“Everyone knows that making a will is important to ensure that their wishes are carried out after their death, but it is all too easy to keep it at the bottom of the to-do list,” he said.

The Law Society has also reiterated its message that people should not be tempted by the DIY route, as attempting to draw up a document without the advice of an expert solicitor was an incredibly risky strategy.

“It is worth taking care over a will to make sure that you understand tax liabilities and property rights are properly addressed,” added Mr Smithers.

“Cheap offers can come at a high price – a badly written will can be financially and emotionally harmful for family and friends.

“A solicitor can help explain the complexities, help you avoid any pitfalls [and] help you avoid inadvertently leaving behind problems for loved ones.”

For legal advice on making or updating a will please contact Tony Millson and Deanna Hurst in Royds’ Private Client team.

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